Tag Archives: financial news

European stocks joined in on a global bounce on Wednesday, as pressure on bond yields eased somewhat and investors went hunting for beaten-down names. The Stoxx Europe 600 index SXXP, +0.13% rose nearly 0.8% to 455.87, after a 2% drop on Tuesday, which was the biggest percentage decline since July …

The U.K. chairman of accounting firm KPMG is resigning after he told staff in a meeting to stop complaining about the pandemic and said that there was “no such thing as unconscious bias.” In a video of the meeting published by the Daily Mail, Bill Michael can be seen telling …

EasyJet planes standing behind a car park at Stansted Airport on June 30, 2020 in Stansted, England. Dan Kitwood/Getty Images European stocks clung onto most of the previous day’s rally, as traders waited for Wall Street’s return after a three-day break. Up 1.7% while U.S. markets were shut for the …

EasyJet planes standing behind a car park at Stansted Airport on June 30, 2020 in Stansted, United Kingdom. Dan Kitwood/Getty Images European stocks clung onto most of the previous day’s rally, as traders waited for Wall Street’s return after a three-day break. Up 1.7% while U.S. markets were shut for …

Royal Mail shares stumbled on Thursday, as the postal delivery firm outlined its new restructuring plan that could cost 2,000 jobs. Royal Mail shares RMG, -12.23% dropped 10% as the company said it expects to be loss-making this year and not to pay a dividend. The job cut plan by …

Getty Images The headquarters of pharmaceutical company GlaxoSmithKline GlaxoSmithKline shares lost ground on Thursday for a second day as brokers reacted cautiously to the U.K. pharmaceutical giant’s outlook. GlaxoSmithKline GSK, -2.58% …

Getty Images The headquarters of pharmaceutical company GlaxoSmithKline GlaxoSmithKline shares lost ground on Thursday for a second day as brokers reacted cautiously to the U.K. pharmaceutical giant’s outlook. GlaxoSmithKline GSK, -2.58% …

The pound and U.K.-exposed stocks fell on Wednesday as renewed fears of a hard Brexit spooked investors. The FTSE 100 UKX, +0.21%  made slight gains but the …

Reuters A Royal Mail postal worker stands in the yard of a sorting office in Altrincham, Britain. European stocks dropped on Thursday on concern the U.S. and China won’t imminently strike a trade deal. The Stoxx Europe 600 …